The five largest banks acquire 44.32% of total profits, 42% of total revenues
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A banking alliance of 10 major banks signed a syndicated long-term loan to Etisalat Egypt, amounting to EGP 6bn, to finance the purchase of the 4G licence and the new frequencies, as well as the repayment of the existing dues and the company’s operation expenses. The alliance included the National Bank of Egypt (NBE), the …
CIB and AFD aim to finance and promote climate and environment benefiting private investments.
Donations ranged between $250,000 and $1m, the official noted
Blom Bank Egypt, the Arab Bank, NSGB and CIB among those negotiating with the electronic payment system company